The National Credit Union Foundation is hosting a Twitter chat event for credit unions to promote National Financial Literacy Month in April. During the Twitter chat scheduled for April 5, credit unions and their employees are welcome to share best practices,...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
CU Times Online Exclusive: A Visit to CU Direct’s Innovation Lab
[embedded content] CU Times Managing Editor Natasha Chilingerian visits CU Direct's new Innovation Lab, which just opened in Irvine, Calif. We did a live Skype interview with CU Direct's SVP of Marketing and Innovation, Brian Hendricks, as well as its new VP of...
CFPB Hits Experian With $3 Million Penalty for Consumer Deception
The CFPB took action against Experian and its subsidiaries for deceiving consumers about the use of credit scores sold to consumers. The agnecy ordered Experian to pay a $3 million penalty. The bureau also ordered the Costa Mesa, Calif.-based Experian to truthfully...
Former Credit Union CFO Slammed With 11-year Sentence
For eight years, Michael LaJoice lived the lifestyle of the rich and famous supported by the $18 million he stole from his own credit union. He drove a $95,000 Cadillac Escalade, flew in a private jet and lived in a 5,800-square-foot multimillion-dollar custom-built...
Rounds to Bankers: Abandon CU Tax Effort & Unite in Fight for Reg Reform
Sen. Mike Rounds (R-S.D.) is urging banks to abandon efforts to repeal the credit union tax exemption and instead unite with them to push regulatory overhaul legislation. Rounds’ office today confirmed published reports that the senator told those attending the...
CU Direct Celebrates Grand Opening of Innovation Lab
IRVINE, Calif. - On March 22, CU Direct executives, employees, board members and representatives of member credit unions gathered at the CUSO's new Innovation Lab in Irvine, Calif., for a grand opening reception and ribbon cutting. The Ontario, Calif.-based auto...

